PenFed Foundation COVID-19 Emergency Financial Relief Program

Posted on March 23, 2020

The PenFed Foundation COVID-19 Emergency Financial Relief Program was created to provide financial assistance to all Veterans, active military service members, andthose currently serving in the Reserves and the National Guard who are experiencing a financial setback due to the negative economic effects of theCOVID-19 pandemic. The grant amount will support 1 month of payment up to $1500 in the following areas:

-Rent-Mortgage-Auto Loan/Lease-Utilities (Electric, Water, Heat)*All checks will be sent directly to the creditor or landlord after the grant is approved. The Foundation can only support one emergency financial request per household.

What You’ll Need:-DD214 or LES-A bill or statement for the requested expense-An explanation of how the financial setback is related to the COVID-19 pandemic (for example, loss of job due to quarantine and/or public health policies)

Eligibility Requirements:To be eligible for this program you must be in one of the followingcategories:

-A Veteran that has been honorably discharged-A current active-duty service member-Currently active in the Reserves-Currently active in the National Guard